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20121226
20130103
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KPIX (CBS) 5
WUSA (CBS) 2
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
CBS
Dec 30, 2012 6:00pm PST
the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an increasingly negative way. the markets are become increasingly concerned that business and consumers will pull back due to the uncertainty about tax and spending. and it's affecting the financial markets and the economy. >> jeff: a slow day tomorrow but how do you think we open? >> i think that if there is any rally it will be a fool's rallyment would you only get a rally if they announce something tonight. but the reality is that anything they announce would be light on fact and long on symbolic-- symbolism it wouldn't have a lot to do with entitlements. it wouldn't address the debt ceiling. so you could get a relief rally but i think the market was see through it and not be enduring. >> jeff: looking back up 5.9% for the year 2012, is a pretty decent number. what are you are forecasting for the first quarter ahead. >> some of it depend how they resolve this the economy in and of it
CBS
Dec 29, 2012 6:30pm EST
evening. jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal today sir? >> hope. so. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a compromise to raise taxes only on income above 400,
CBS
Dec 26, 2012 5:30pm PST
. i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights. tonight, it's headed to the northeast. winter storm warnings have already been posted. troy kehoe of our cbs station in indianapolis begins our coverage. troy? >> reporter: well, jim, here in bloomington, indiana, we've already seen 11.5 inches of snow so far, and it is still coming down with blizzard conditions here in the midwest. this has been a two-day storm leaving much of the country paralyzed. blinding snow with wind gusts topping 35 miles an hour have created whiteout conditions in the plains in midwest. by midday, a half-foot of snow had already fallen in indianapolis. george cummings h
CBS
Dec 25, 2012 5:30pm PST
this is the "cbs evening news" with scott pelley. >> axelrod: good evening. event is off. i'm jim axelrod. rnristmas is turning treacherous for large sections of the country. tonight, parts of indiana and kentucky are under a blizzard watch. roads in oklahoma and northern arkansas could soon become impassable due to whiteouts, and another storm system developing along the gulf of mexico from daxas to florida is raising the threat of tornadoes. the director of the emergency management agency in alabama says the danger is made worse now because so many drivers are holiday travelers driving in unfamiliar places. michelle miller brings us up to speed. >> reporter: a half-foot of snow caused whiteouts on roads across the texas panhandle. there were near-blizzard conditions at day break in amarillo. 250 miles east, just outside oklahoma city, a 21-vehicle pile-up on interstate 40 stopped traffic for five hours. 12 people were injured. one state over in missouri, salt trucks were busy preparing the roads for expected heavy snowfall. transportation officials mark sheldon warned holiday tr
CBS
Jan 3, 2013 6:30pm EST
right. jim axel sod in newtown for us tonight. >> reporter: one police lieutenant here called the new school th the safest school in america. i.d. checks on every adult who got anywhere near the place. police sat down with the superintendent. >> the thing that had been missing at the new sandy hook location were the voices and the laughter of children. and that was there today. >> reporter: did you have any parents not able to just let the hand go? >> that's very hard. i-- there were parents who wanted too put their child on the bus and just couldn't quite do it. so understandable. >> reporter: over the hol days, volunteers helped to make the new school feel like the old school. desks and chairs were moved. the hope was facility would bring comfort. i'm told one parent was watching their kid and said the kid really felt comfortable when they actually saw their old cubbyhole. >> those are the things they know. the children-- children like things that are a routine they know, and they like the objects they know. >> reporter: there's no instruction manual for this, is there? >> i've said
CBS
Dec 27, 2012 5:30pm PST
can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and houston. the ports handle nearly 50% of all oceangoing container shipments to the united states. some estimate a shutdown could cost a billion dollars a day in delayed shipments and lost work along the supply chain. independent truck driver jose espinoza hauls shipments in and out of houston's port. >> next week, it means i'm going to be out of business. that'
Search Results 0 to 6 of about 7 (some duplicates have been removed)